Linens ‘N Things to close two area stores in restructuring

Clifton, N.J.-based Linens Holding Co. said this morning it filed for Chapter 11 bankruptcy reorganization and will close 120 stores nationwide, including its two Capital Region stores, in Colonie and Clifton Park.

The company, in a filing with the Securities and Exchange Commission, said it would close seven stores statewide as it seeks to cut costs. The Chapter 11 filing pertains only to its stores in the United States. Its Canadian stores will continue to operate.

A store at Berkshire Mall in Lanesboro, Mass., also will close.

The company blamed a downturn in its financial performance for the closings of what it described as underperforming stores.